March 19, 2024
Kemet Financial Technologies Inc. (“Kemet” or “the Company”), a provider of institutional-grade infrastructure for digital asset derivative trading, has announced the successful closure of a $5 million financing round. The round was led by Further Ventures, an institutional-focused venture capital firm backed by Abu Dhabi SWF and Mastercard. This funding marks a significant development for Kemet's operations in the digital asset trading market.
Project | Latest Raise | Latest Raise | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Kemet Trading | Mar 19, 2024 | $5M | Seed | $5M | Further Ventures | Trading |
Kemet’s platform is designed to optimize digital asset derivative trading for institutional investors. It offers advanced order execution algorithms, which ensure optimal trade execution across various liquidity venues, including centralized finance (CeFi), over-the-counter (OTC), and decentralized finance (DeFi) platforms. Additionally, the platform provides real-time risk management tools, enabling firms to effectively monitor and manage their digital asset exposure.
The platform also includes comprehensive portfolio management solutions that allow users to track and analyze their digital asset holdings. By providing access to a broad range of liquidity venues, Kemet enables users to take advantage of the best market conditions. This feature is particularly important in the dynamic digital asset market, where liquidity can be dispersed across multiple platforms.
Furthermore, Kemet's technology infrastructure supports high-frequency trading, making it suitable for institutional clients who require speed and efficiency in their trading activities. The company's emphasis on security and regulatory compliance enhances its attractiveness to institutional investors navigating the complex regulatory environment of digital assets.
About Kemet
Kemet Financial Technologies Inc. offers institutional-grade infrastructure for digital asset derivative trading. The company provides a single access point for this trading, optimizing access to liquidity, data, trade execution, and post-trade workflows. Kemet enables firms to access liquidity venues across CeFi, OTC, and DeFi, utilize advanced algorithms for best order execution, and manage exposure risk in real time.
Website: https://www.kemettrading.com/
X Account: https://x.com/kemettrading
X Followers today: 234
About Investor
Investor: Further Ventures
The funding round was led by Further Ventures, an institutional-focused venture capital firm backed by Abu Dhabi SWF and Mastercard. Further Ventures is recognized for investing in companies that drive innovation in digital finance. Their involvement with Kemet reflects their confidence in the company’s potential to transform the digital asset trading market.
Location: Abu Dhabi
Website: https://www.further.ae
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